Oaklands Park

POSTAL CODE: SA, 5046

HOUSE

UNIT

OAKLANDS PARK ranks 195th in SA when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 17.64% for the past year is higher than average compared to its 78.66% growth within a five-year period.

Also in OAKLANDS PARK, the median home price is sitting at $900,000, and the average rent at $660, this suggests property owners could potentially earn a 3.81% increase in gross rental yield.

Property investors have seen a 4.23% gain in OAKLANDS PARK based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on OAKLANDS PARK, 5046 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 17.64%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.61% growth over a ten-year period. It ranks 1508th on our list of suburbs that property investors should look into.

A steady increase in median property prices over a five-year period in OAKLANDS PARK, 5046 translates to a 83.68% capital gain.

OAKLANDS PARK, 5046 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $653,000.

Augmented property values in OAKLANDS PARK are trailing behind the SA average of 10.51% for the past year.

Real estate investors could earn a rental income of $510 based on current median home prices for the suburb.

Home owners selling their properties and realtors in OAKLANDS PARK usually have to wait an average of 29 days days before their assets are lifted off the market.

OAKLANDS PARK ranks 101st on the list of best yielding suburbs for rental properties in SA, posting a 4.06% return.

OAKLANDS PARK, 5046 places 101st in Australia based on median property value growth during the quarter.

Surburb overview

Oaklands Park is a well-established suburb located approximately 12 kilometres southwest of Adelaide's central business district. It is part of the City of Marion local government area, offering convenient access to the CBD via the Seaford train line, with Oaklands Railway Station serving the suburb. Regular bus services also provide public transportation options along Marion Road and Morphett Road.

The suburb has a population of around 3,700 residents, with a demographic mix of young professionals, families, and retirees. Oaklands Park is characterised by a blend of older homes and newer residential developments, making it a diverse and evolving community. The area is known for its strategic location, providing easy access to shopping, medical services, and recreational facilities.

One of the key features of Oaklands Park is the Westfield Marion Shopping Centre, one of the largest shopping complexes in Adelaide. This centre offers a wide range of retail stores, supermarkets, dining options, and entertainment facilities, including a cinema complex. The nearby Marion Domain Medical Centre provides healthcare services to residents.

Oaklands Park offers several recreational options, with the Oaklands Wetland and Reserve being a standout. This urban wetland features walking trails, picnic areas, and a nature play space, making it popular for families and outdoor enthusiasts. The nearby Marion Outdoor Swimming Centre and SA Aquatic & Leisure Centre also provide excellent facilities for swimming, fitness, and aquatic sports.

Educational options for families include nearby schools such as Westminster School and Marion Primary School, both easily accessible from Oaklands Park. Its well-connected public transport, abundance of amenities, and recreational facilities make Oaklands Park a highly sought-after suburb for a variety of residents.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$900,000	$653,000
Growth Report
Median Quarterly	4.23%	0.85%
Median 12 month	17.64%	4.65%
Median 3 years	40.41%	83.68%
Median 5 years	78.66%	105.35%
10 years average annual	7.61%	8.91%
Weekly media advert. rent	$660	$510
Time on Market	30 days	29 days
Gross Rental Yield Percent	3.81%	4.06%

Demographics (Median Values)*

Total Population 9086

Weekly Household Income 1159

Household Size 2.20

Average Age 41

Monthly Loan Repayment 1625

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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